Metal Tiger’s subsidiary Kalahari Metals (KML) has received approval from the Botswana Department of Environmental Affairs (DEA) for the environmental management plan (EMP) of its Ngami Copper Project (NCP).
The EMP approval is subject to a four-week public review period, which would allow diamond drilling to commence on three compelling targets within the NCP, if granted.
KML expects that drilling will commence shortly after the public review concludes.
The company also resubmitted an EMP for its Okavango Copper Project with clarifications following feedback from the DEA.
Additionally, KML submitted EMPs for the Kitlanya East as well as the Kitlanya West projects to the DEA, following the identification of high priority new targets for investigation in both areas, as announced last month.
Metal Tiger CEO Michael McNeilly said: “The KML portfolio now includes a number of exciting geophysical and structural targets, which warrant further investigation by drilling.
“The anticipated drilling approvals for the Ngami Copper Project will commence an exciting new chapter for the Company and our shareholders, and we look forward to providing further updates in due course.”
In the Kalahari Copper Belt, KML holds interests in 12 highly prospective exploration licences that cover a total area of 8,724km².
As part of an investment agreement announced on 6 June last year, Metal Tiger owns a 50% stake in KML, which gives the former further exposure to a largely unexplored area, adjacent to significant recent discoveries in the Kalahari Copper Belt.
In July last year, KML started an exploration programme on its landholding in the Kalahari Copper Belt in Botswana.